Saurabh Mall
Rupee Strengthens Early in Interbank Trade The rupee opened at 88.55 and was quoting 88.56 against the US dollar in early interbank deals, moving sharply higher by 21 paise from the previous close. Quick snapshot Opening rate: 88.55 per US dollar Early trade: 88.56 per US dollar Change: +21 paise (about 0.24% stronger) Previous close: … Read more
Company leans on strong balance sheet to absorb new investment Management says a healthy balance sheet and ample surplus funds give it room to back a new investment without materially weakening performance metrics. The expectation is that, while the outlay will affect cash positions, it should not become a significant drag on key return ratios … Read more
Zero handling fees give one player an edge in quick commerce One leading quick commerce platform has moved to zero handling and platform fees, setting it apart from rivals that still charge customers for order handling. This change makes the platform the only mainstream player to remove these charges entirely, reshaping the immediate pricing landscape … Read more
Many homebuyers accept insurance packaged with their mortgages without fully understanding what they’re buying. While these policies are meant to protect families, a surprising number are inadequate, misaligned with the borrower’s needs, or even assigned in ways that weaken protections when a claim arises. Where loan-linked insurance commonly fails Wrong policy assignment: Policies are sometimes … Read more
Taking a personal loan can be a smart way to handle a short-term cash need, but the wrong choice can strain your finances. Before you sign, spend a little time checking the numbers, your repayment ability, and who you’re borrowing from. Small steps now can protect your credit score and financial stability later. Know the … Read more
A shift in how people eat After a period dominated by home delivery, food-tech platforms are seeing out-of-home consumption regain importance. Consumers are returning to restaurants, food halls and events, and platforms are adapting to capture a larger slice of that activity. The change is more than a temporary rebound — it is reshaping product … Read more
Stocks Boost Currency as Markets Close Higher Forex traders said domestic equities ended the session on a positive note, which helped support the domestic unit after it had weakened earlier in the day. A stronger close in the stock market often calms currency pressure by attracting investment flows and lifting investor confidence. Why equities matter … Read more
Markets Held Steady as Profit-Taking Tempered Gains Stock markets traded in a tight range as investors booked profits after recent gains. With no fresh domestic catalysts to propel buying and continuing foreign fund outflows, market movement remained subdued, analysts said. Key reasons behind the rangebound action Profit-taking at higher levels: Traders locked in gains after … Read more
Rupee edges toward record low as dollar strengthens The rupee is moving closer to its all-time low as a combination of foreign fund outflows and a firm US dollar keeps pressure on the currency. Market analysts say the headwinds persist even though local equities showed resilience and crude oil prices eased a little. What’s driving … Read more
Interim dividend: the basics A private limited company may declare an interim dividend at any time during the financial year, provided it is paid out of the profits earned by the company during that financial year. In plain terms, this means directors can distribute earnings to shareholders before the year ends — but only if … Read more